Select Energy Services, Inc. (WTTR) financial statements (2021 and earlier)

Company profile

Business Address 1233 W LOOP SOUTH, SUITE 1400
HOUSTON, TX 77027
State of Incorp. DE
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments169185166114794324
Cash and cash equivalents169185166114794324
Receivables12993107235272316328
Inventory, net of allowances, customer advances and progress billings33343839384040
Inventory33343839384040
Other undisclosed current assets20202320262629
Total current assets:352332334408416425421
Noncurrent Assets
Operating lease, right-of-use asset52575965717375
Property, plant and equipment350370393426453467468
Intangible assets, net (including goodwill) 119122125267267267
Goodwill    267267267
Intangible assets, net (excluding goodwill) 119122125   
Other noncurrent assets5233453
Other undisclosed noncurrent assets116   137140142
Total noncurrent assets:524548577619932952956
TOTAL ASSETS:8758819111,0271,3481,3771,377
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities52403689105117114
Accounts payable13111127363953
Accrued liabilities21131340485143
Employee-related liabilities16151121202617
Taxes payable1112211
Debt001517192020
Other undisclosed current liabilities36382425272930
Total current liabilities:897875132152166164
Noncurrent Liabilities
Long-term debt and lease obligation61646669727375
Operating lease, liability61646669727375
Liabilities, other than long-term debt20131111111211
Other liabilities20131111111211
Total noncurrent liabilities:81777780838586
Total liabilities:169155152211235251250
Stockholders' equity
Stockholders' equity attributable to parent, including:593610638686937926849
Additional paid in capital909908906910915893822
Accumulated other comprehensive loss      (0)
Retained earnings (accumulated deficit)(317)(299)(269)(224)213126
Other undisclosed stockholders' equity attributable to parent1111111
Stockholders' equity attributable to noncontrolling interest113116121129176200278
Total stockholders' equity:7067257608161,1131,1261,127
TOTAL LIABILITIES AND EQUITY:8758819111,0271,3481,3771,377

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues13310192278276329324
Cost of revenue(137)(118)(116)(263)(254)(288)(284)
Cost of goods and services sold(23)(24)(26)(26)(28)(28)(29)
Gross profit:(4)(17)(24)15224140
Operating expenses(18)(17)(24)(306)(29)(29)(29)
Operating income (loss):(22)(34)(48)(291)(7)1211
Nonoperating income (expense)1(2)(3)0(3)(0)0
Foreign currency transaction gain (loss), before tax000(0)0(0)0
Other nonoperating income (expense)1(2)(3)0(3)(0)(0)
Interest and debt expense(1)(1)(1)(0)(0)(0)(1)
Income (loss) from continuing operations before equity method investments, income taxes:(21)(37)(51)(291)(10)1210
Other undisclosed income (loss) from continuing operations before income taxes(1)1(2)(0)(3)(2)(2)
Income (loss) from continuing operations before income taxes:(22)(36)(53)(291)(14)109
Income tax expense (benefit)10001(3)(1)
Net income (loss):(21)(36)(53)(291)(13)78
Net income (loss) attributable to noncontrolling interest369453(2)(2)
Net income (loss) available to common stockholders, basic:(18)(31)(44)(246)(10)56
Other undisclosed net income (loss) available to common stockholders, diluted    (0)00
Net income (loss) available to common stockholders, diluted:(18)(31)(44)(246)(10)56

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(21)(36)(53)(291)(13)78
Other undisclosed comprehensive income (loss)     0(0)
Comprehensive income (loss):(21)(36)(53)(291)(13)88
Comprehensive income (loss), net of tax, attributable to noncontrolling interest369453(2)(2)
Comprehensive income (loss), net of tax, attributable to parent:(18)(31)(44)(246)(10)66

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: